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Optimal harvesting of fish stocks under a time-varying discount rate

Duncan, Stephen; Hepburn, Cameron; Papachristodoulou, … - 2011

Optimal control theory has been extensively used to determine the optimal harvesting policy for renewable resources such as fish stocks. In such optimisations, it is common to maximise the discounted utility of harvesting over time, employing a constant time discount rate. However, evidence from...

Persistent link: https://www.econbiz.de/10009440555

Optimal harvesting of fish stocks under a time-varying discount rate

Duncan, Stephen; Hepburn, Cameron; Papachristodoulou, … - 2011

Persistent link: https://www.econbiz.de/10009441415

Behavioural Economics, Hyperbolic Discounting and Environmental Policy

Hepburn, Cameron; Duncan, Stephen; Papachristodoulou, … - In: Environmental & resource economics 46 (2010) 2, pp. 189-207

Persistent link: https://www.econbiz.de/10008421260

Behavioural Economics, Hyperbolic Discounting and Environmental Policy

Hepburn, Cameron; Duncan, Stephen; Papachristodoulou, … - In: Environmental & Resource Economics 46 (2010) 2, pp. 189-206

Persistent link: https://www.econbiz.de/10008526646

The structure of the Australian growth process : a Bayesian model selection view of Markov switching

Taylor, Andrew; Shepherd, David; Duncan, Stephen - In: Economic modelling 22 (2005) 4, pp. 628-645

Persistent link: https://www.econbiz.de/10003039883

The structure of the Australian growth process: A Bayesian model selection view of Markov switching

Taylor, Andrew; Shepherd, David; Duncan, Stephen - In: Economic modelling 22 (2005) 4, pp. 628-645

Persistent link: https://www.econbiz.de/10006235862

The structure of the Australian growth process: A Bayesian model selection view of Markov switching

Taylor, Andrew; Shepherd, David; Duncan, Stephen - In: Economic Modelling 22 (2005) 4, pp. 628-645

Persistent link: https://www.econbiz.de/10005171143